Investigation of Factors Affecting Investment in Textile Industry and the Influence of Development of this Industry on National Employment

Abstract

The present research tries to investigate factors affecting investment in textile industry and the influence of development of this industry on national Iranian employment. The conceptual model of the research studies variables like import, export, sanctions and risk as independent variables which influence investment in textile industry and national employment. This is an applied descriptive (survey) study. The questionnaire used for data collection was a standard questionnaire with 24 items which were based on Likert scale. Since the population number was 9800, we selected 270 people as sample size. Validity of the research was verified by confirmatory factor analysis and based on the ideas of experts. Cronbach's alpha was used for determination of reliability of the questionnaire. Structural equations modeling technique (in LISREL software) was used for data analysis. Results showed that import, export and risk have significant influences on investment in textile industry but sanction does not have any significant influence on investment. Therefore, sanction variable was eliminated. Finally, the fifth hypothesis of the research regarding the significant influence of investment in textile industry on employment was accepted.

DOI: 10.5901/mjss.2015.v6n3s2p703